JLL Income Property Trust is a REIT that invests in a portfolio of office buildings, apartments, retail anchored shopping centers and industrial properties. They are geographically diversified across the country, with properties in many different regions.
IMPORTANT NOTE: performance data shown in this manager's fact sheets do not include HWM management fees. For more information on HWM advisory fees for Managed Strategies programs, please refer to our ADV Part 2A.
JLL Income Property Trust
JLL leases the properties to high-quality, credit-worthy tenants with long-term leases. These include high-profile companies like Starbucks, Whole Foods, TJ Maxx, etc. Many of these companies do not want to tie up their capital in real estate. Therefore, funds like JLL own the property, and then lease it to these companies. These leases require the tenant to pay the majority of the property operating costs.